According to Zero Hedge -
Kitco.com has sparked rumors that Germany will leave the Eurozone and reintroduce German Marks, sending gold to a new record of $1,244 and silver to a multi-year high of $19.64.
In a literal translation Gysi did not say that Germany will reintroduce the Mark but made a curiosity-inspiring statement, saying that there may be some very important news that will be announced on Friday.
He wrote he will publish a picture of the new Marks on Thursday morning. He also said the currency change would happen this weekend with German chancellor Angela Merkel scheduled to give a speech to the nation on Friday evening.
As we see the rapid destruction of the next fiat currency - all of them have failed in the past 3 centuries - rocketing precious metals prices prove once more there is no other safe haven when the going gets really tough.
The Greeks want nothing to do with so-called "austerity" (rightfully so), protesters are going crazy in Ireland and Romania, Spain is cutting salaries, Iceland is arresting bankers, ECB monetizing Europe's debt, and in addition rumors of war in the Mideast.
At home we have an Air Force Base being locked down an errant satellite, gold exploding to all time highs, California melting down, 40 million on food stamps,and rumors of North Koreans targeting the Deepwater Horizon with torpedoes.
With all of this hot on the heels of the stock vaporization on Thursday, it is definitely an interesting time to be alive.
The Real Effect
Keep your eyes open folks and get to the bottom of every story. These are the times in which the world's "rules" are rewritten by the victors of the upcoming war. And if you think the insanity stops there, well, you better rethink your position.
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